Code-breaker Alan Turing revealed as new face of £50 banknote July 15, 2019 Scientist Alan Turing will feature on the new £50 note design, Bank of England governor Mark Carney announced this morning. Turing, the “father of computer science and artificial intelligence, was chosen from 989 characters nominated by the public during a six-week period. Read more: Why a British scientist will appear on the next £50 note [...]
Barratt Developments: A cheap income play too good to miss? July 15, 2019 | City Talk There’s lots to like about housebuilders, but all may not be what it seems, writes our head of markets. Until recently, the housebuilders had been directly in the firing line given Brexit uncertainty. This position has changed of late as the sector generally continues to make hay while the sun shines. The backdrop has been [...]
How to apply the Japanese philosophy of Kaizen to your business July 15, 2019 In a business sense, the Japanese philosophy of Kaizen is already a well-known term that embodies Japanese desire for excellence. Directly translated, this term means “improvement” (Kai means change, and zen means for the better). But has it been understood properly in today’s business landscape? The term has tended to be interpreted as a top-down, [...]
Revolut ‘to appoint Martin Gilbert as chairman in next few weeks’ July 14, 2019 Revolut is reportedly gearing up to appoint Martin Gilbert as its first ever chairman in a bid to strengthen governance and improve investor sentiment ahead of an upcoming fundraising. Gilbert, a former co-chief executive of Standard Life Aberdeen (SLA), was first confirmed as an adviser to chief Nikolay Storonsky in March. Read more: Revolut fights [...]
Turnaround time for struggling food giant July 12, 2019 | City Talk By Rodney Hobson from interactive investor. The proof of the pudding lies with a new chief who looks set to sell off poor performers to boost spending on premium lines. A heavy burden lies on the shoulders of Miguel Patricio, who took over as chief executive officer of food and beverage giant Kraft Heinz (NASDAQ:KHC)last month. The reputation of [...]
Four better or four worse: Would saying farewell to the five-day working week really be a good idea? July 12, 2019 Areduced working week could populate our high streets, with 54 per cent of employees saying they would use their extra day off to shop
German stock market outlook 2019: is the economic upswing over? July 11, 2019 | City Talk Concerns over the strength of the German economy are growing. A steady upswing of the eurozone’s powerhouse may be over. The weaker economic growth expected this year is considered “a wake-up call” for the government. Let’s find out what to expect from the German stock market news in light of gloomy official figures. Stormy times [...]
German fintech challenger bank N26 launches in the US July 11, 2019 German fintech giant N26 has today launched its services in the US, making it the second major European digital bank to cross the pond. Starting today in a staged rollout, the 100,000 customers on N26’s US waiting list will be invited to open an account and have full access to the bank’s app and debit card. [...]
10 most-popular funds – June 2019 July 11, 2019 | City Talk By Jemma Jackson from interactive investor. Passive and active managers jostle for space in last month’s list of favourite funds on the interactive investor platform. interactive investor’s June platform purchases provide further evidence, were it needed, that active management has taken something of a knock in recent times – as well as demonstrating the unstoppable rise of Vanguard. [...]
Immigrants are building Britain’s fastest-growing businesses July 11, 2019 Too often, immigrants get a bad press. But we’re trying to change the narrative in today’s report Job Creators: The Immigrant Founders of Britain’s Fastest Growing Businesses. It reveals that – despite just 14 per cent of UK residents being foreign-born – 49 per cent of the UK’s fastest-growing businesses have at least one immigrant [...]
